The prices in real estate in Endicott, in the New York region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Endicott has increased strongly during the last 6 months. In November, the average price per sq.feet was $91. In the following month the price per sq.feet increased to $99. The price for the following two months in (January, February) had a considerable increment of 192 %. The price per sq.feet has had a considerable increase of 152 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $138.5 to $210.5 during March, and April.
Based upon to the price in Endicott (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $203,121. In December This price remains at $207,036. In the following two months the average price has remained the same with regard to the previous two months from $205,078.5 to $214,471. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $209,774.75 and $211,217 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $222,678 they are 74 % more affordable than the average price for Endicott. The properties with the lowest average price have 3 bedrooms, Their price is 19 % cheaper than the average. After that we have properties with 2 bedrooms priced at $101,357.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $5 / sq.feet, with an average $107 / sq.feet price in Endicott. The properties with the lowest average prices have 3 bedrooms. They are 3 % cheaper than the average followed by properties with 2 bedrooms with a price at $76 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $222,678 it is 56 % cheaper than the average price in Endicott. "" is seen as the second most affordable property type. The cheapest type property is "" followed by "House". At a price of $98,957 it is 45 % more affordable than the average price.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $5 / sq.feet. "House" with an average cost of $5 / sq.feet has the lowest price and would be directed at less affluent cities.